Mallinckrodt (MNK) PT Raised to $95 at Jefferies

UBS Raises Price Target on Mallinckrodt (MNK) to $92 Following Strong 3Q

UBS reiterated a Buy rating on Mallinckrodt plc (NYSE: MNK), and raised the price target to $92.00 (from $85.00), following the company's 3Q earnings report. Strong results lead UBS to revise 2016 estimated revenues to $3.8B from $3.7B and EPS to $8.53 from $8.30.

Analyst Marc Goodman... More

Mallinckrodt (MNK) PT Raised to $103 at Piper Jaffray

Piper Jaffray analyst David Amsellem reiterated an Overweight rating and lifted its price target on Mallinckrodt plc (NYSE: MNK) to $103.00 (from $102.00) following results after the close.

Amsellem commented, "Mallinckrodt reported fiscal 3Q16 adjusted diluted EPS of $2.20 on revenues of $971M, ahead of Street estimates of $2.01 and $922M,... More

Mallinckrodt (MNK) PT Raised to $91 at Leerink Partners

Leerink Partners analyst Jason Gerberry reiterated an Outperform rating and raised his price target on Mallinckrodt plc (NYSE: MNK) to $91.00 (from $84.00) following a strong quarter that included a 5% topline and ~10% EPS beat.

Gerberry commented, "MNK remains a valuation call with underappreciated asset durability.... More

Mizuho Securities Raises Price Target on Mallinckrodt (MNK) to $91 Following 2Q Beat

Mizuho Securities reiterated a Buy rating on Mallinckrodt plc (NYSE: MNK), and raised the price target to $91.00 (from $83.00), following the company's 2Q earnings report. Mallinckrodt reported revenues of $970.6M and EPS of $2.20 vs. the consensus of $921.8M and $2.01.

Analyst Irina Koffler... More

Mallinckrodt plc (MNK): Earnings Potential Still Underappreciated - Guggenheim

Guggenheim analyst Louise Chen reiterated a Buy rating and $98 price target on Mallinckrodt plc (NYSE: MNK) following strong earnings. The analyst sees plenty of room for upside and said earnings potential is still underappreciated.

Chen commented, "Post F3Q16, we continue to believe... More

Mallinckrodt (MNK) Tops Q3 EPS by 20c

Mallinckrodt (NYSE: MNK) reported Q3 EPS of $2.20, $0.20 better than the analyst estimate of $2.00. Revenue for the quarter came in at $970.6 million versus the consensus estimate of $920.35 million.

GUIDANCE:

Mallinckrodt sees FY2016 EPS above $8.15-$8.50, versus the consensus of $8.28. Management provided an... More